Glencore puts Chad oilfields up for sale - sources
Published on: Wednesday 12 June 2019
*Chad fields account for over half Glencore net output. *Glencore booked $1.9 bln of impairments for Chad assets. LONDON, June 12- Mining and trading giant Glencore has put its oilfields in Chad up for sale, three sources familiar with the matter said, in a retreat from its foray into oil production following asset writedowns over the past decade.
News source: https://www.cnbc.com/2019/06/12/reuters-america-glencore-puts-chad-oilfields-up-for-sale--sources.html